1,422 Shares in SPDR Gold Shares $GLD Acquired by Sulzberger Capital Advisors Inc.

Sulzberger Capital Advisors Inc. bought a new position in SPDR Gold Shares (NYSEARCA:GLD) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 1,422 shares of the exchange traded fund’s stock, valued at approximately $433,000. SPDR Gold Shares accounts for about 0.5% of Sulzberger Capital Advisors Inc.’s investment portfolio, making the stock its 29th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of SPDR Gold Shares by 20.4% during the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after buying an additional 1,903 shares during the last quarter. Bison Wealth LLC lifted its holdings in shares of SPDR Gold Shares by 77.8% during the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after buying an additional 2,600 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Gold Shares by 9.6% during the first quarter. Envestnet Asset Management Inc. now owns 1,217,861 shares of the exchange traded fund’s stock worth $350,914,000 after buying an additional 106,648 shares during the last quarter. Capital Advisors Inc. OK lifted its holdings in shares of SPDR Gold Shares by 73.3% during the first quarter. Capital Advisors Inc. OK now owns 6,243 shares of the exchange traded fund’s stock worth $1,799,000 after buying an additional 2,640 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its holdings in shares of SPDR Gold Shares by 13.1% during the first quarter. TD Private Client Wealth LLC now owns 44,695 shares of the exchange traded fund’s stock worth $12,878,000 after buying an additional 5,176 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.2%

Shares of GLD stock opened at $368.78 on Tuesday. SPDR Gold Shares has a 12 month low of $236.13 and a 12 month high of $403.30. The firm has a market cap of $133.46 billion, a PE ratio of -32.43 and a beta of 0.09. The stock has a 50 day moving average of $352.79 and a 200-day moving average of $323.24.

SPDR Gold Shares Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).